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Adani, Wilmar
Adani Wilmar OFS: Adani group raises Rs 4,850 crore from 13.5% stake sale
On January 9, the group had announced sale of 17.54 crore shares (13.50 percent equity) in the company on January 10 (to non-retail investors) and on January 13 (to retail investors) at a floor or minimum price of Rs 275 apiece.
Adani Wilmar to become subsidiary of Wilmar International after share sale
Adani Group, a port-to-power conglomerate that holds a nearly 44 per cent stake in Adani Wilmar, will sell up to 13.5 per cent to the public in a sale offer beginning on Jan 10, with an option to sell an additional 6.5 per cent, making up the 20 per cent.
Adani Group to Raise $833 Million as It Exits JV With Wilmar
The Adani Group will raise 71.48 billion rupees ($833 million) by selling up to 20% stake in Mumbai-listed Adani Wilmar Ltd. as it exits non-core activities to focus on the bread-and-butter infrastructure businesses.
Adani to Raise Rs 7,148 Crore from Adani Wilmar Stake Sale
The offer for sale (OFS) will include an option to additionally sell up to 8.44 crore shares or 6.50 per cent equity.
Adani Group raises Rs 4,850 crore after selling 13.5 pc stake in Adani Wilmar
The Adani Group on Friday raised about Rs 4,850 crore after selling 13.5 per cent of its stake in Adani Wilmar. The conglomerate last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner.
India's Adani to sell up to 20% stake in Wilmar joint venture
India's Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the conglomerate looks to comply with minimum public shareholding rules amid plans to exit the consumer goods company.
Adani Wilmar OFS: Adani Group Raises Rs 4,850 cr by selling 13.5% stake in Fortune Oil maker
The sale, which was announced last month, involved the sale of 17.54 crore shares (13.50% equity) in Adani Wilmar on January 10 to non-retail investors and on January 13 to retail investors at a minimum price of Rs 275 per share.
Adani Wilmar shares slide 9% as promoter looks to divest 20% stake via OFS
Adani Wilmar shares dropped 9% to ₹293.55 after promoter Adani Commodities announced plans to divest up to 20% stake via an Offer For Sale. The sale price is set at ₹275 per share, with non-retail investors eligible from January 10.
Adani raises offer-for-sale size to 20% in Wilmar JV
MUMBAI: Adani Group has decided to increase the size of its offer for sale (OFS) to offload part of its stake in Adani Wilmar to 20 per cent from 13 per cent announced earlier, due to strong demand from institutional investors.
Adani Wilmar OFS: Share price tanks 10% as promoter plans to sell 20% stake
Adani Wilmar shares fell over 9% on Friday, January 10, as the two-day offer-for-sale (OFS) by promoter Adani Commodities LLP kicks off. Read on to find out why the stock declined.
Adani Commodities To Exit 20% Stake In Adani Wilmar Via Offer For Sale
Days after announcing its exit from Adani Wilmar, Adani Commodities is all set to sell a 20 per cent stake in the company via an offer for sale (OFS) route. In an exchange filing, Adani Commodities LLP,
Press Trust of India on MSN
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Adani partners with Gita Press for 'Sanatan Sahitya Seva' in Maha Kumbh
Adani Group has collaborated with Gita Press for free distribution of one crore copies of 'Aarti Sangrah' among the devotees ...
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Adani Group Pledges 1 Crore Free Copies Of 'Arti Sangrah' To Maha Kumbh Devotees
Days ahead of the inauguration of Mahakumbh 2025 in UP's Prayagraj, the Adani Group's spiritual side and its 'Seva Hi Saadhna ...
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on MSN
Adani Group Partners With Gita Press To Distribute 1 Crore 'Aarti Sangraha' Among Mahakumbh Devotees In Prayagraj
Representatives of Gita Press, an organisation dedicated to the objective of preserving, promoting and spreading Indian ...
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Adani Group To Offer One Crore Free Copies Of 'Aarti Sangrah' To Maha Kumbh Attendees
Adani Group has partnered with Gita Press for the free distribution of one crore copies of “Aarti Sangrah” to the attendees at Maha Kumbh in Prayagraj this year. ADVERTISEMENT The book, a collection ...
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Adani Group Partners with Gita Press to Distribute Aarti Sangrah at Maha Kumbh
Adani Group partners with Gita Press to distribute one crore copies of Aarti Sangrah at Maha Kumbh, promoting Indian culture ...
2h
on MSN
Adani-ISKCON To Start 'Mahaprasad Seva' In Maha Kumbh
To thank ISKCON for this initiative, Adani Group chairman Gautam Adani on Thursday met Guru Prasad Swami, the Chairman of ...
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Adani raises Rs 4,850 crore from sale of 13.5% stake in Adani Wilmar
Adani Group on Friday raised Rs 4,850 crore from the sale of 13.5 per cent of its stake in Fortune oil maker Adani Wilmar as ...
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From Adani's 'Biwi Bhag Jayegi' To Subrahmanyan's 'Biwi Ko Kitna Dekhoge'- India Inc's Work-Life Balance Debate
A slew of Indian leaders have taken to commenting on the work-life balance debate ever since the beginning of 2024. Starting ...
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